Samsung Elec says to open $380 mln home appliance plant in US

Reuters Staff

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SEOUL, June 28 (Reuters) - Samsung Electronics Co Ltd said on Wednesday it agreed to open a $380 million home appliance manufacturing plant in South Carolina, the United States.

Asia’s biggest company by market capitalisation said in a statement that the new plant in in Newberry County, South Carolina is expected to generate 954 local jobs by 2020. (Reporting by Joyce Lee, editing by Louise Heavens)